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Ichishin Holdings Co (TSE:4645) Equity-to-Asset : 0.19 (As of May. 2024)


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What is Ichishin Holdings Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Ichishin Holdings Co's Total Stockholders Equity for the quarter that ended in May. 2024 was 円2,362 Mil. Ichishin Holdings Co's Total Assets for the quarter that ended in May. 2024 was 円12,572 Mil. Therefore, Ichishin Holdings Co's Equity to Asset Ratio for the quarter that ended in May. 2024 was 0.19.

The historical rank and industry rank for Ichishin Holdings Co's Equity-to-Asset or its related term are showing as below:

TSE:4645' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.09   Med: 0.15   Max: 0.21
Current: 0.19

During the past 13 years, the highest Equity to Asset Ratio of Ichishin Holdings Co was 0.21. The lowest was 0.09. And the median was 0.15.

TSE:4645's Equity-to-Asset is ranked worse than
88.76% of 267 companies
in the Education industry
Industry Median: 0.54 vs TSE:4645: 0.19

Ichishin Holdings Co Equity-to-Asset Historical Data

The historical data trend for Ichishin Holdings Co's Equity-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Ichishin Holdings Co Equity-to-Asset Chart

Ichishin Holdings Co Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.19 0.13 0.16 0.18 0.21

Ichishin Holdings Co Quarterly Data
Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.15 0.19 0.19 0.21 0.19

Competitive Comparison of Ichishin Holdings Co's Equity-to-Asset

For the Education & Training Services subindustry, Ichishin Holdings Co's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ichishin Holdings Co's Equity-to-Asset Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Ichishin Holdings Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Ichishin Holdings Co's Equity-to-Asset falls into.



Ichishin Holdings Co Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Ichishin Holdings Co's Equity to Asset Ratio for the fiscal year that ended in Feb. 2024 is calculated as

Equity to Asset (A: Feb. 2024 )=Total Stockholders Equity/Total Assets
=2699.232/13009.539
=0.21

Ichishin Holdings Co's Equity to Asset Ratio for the quarter that ended in May. 2024 is calculated as

Equity to Asset (Q: May. 2024 )=Total Stockholders Equity/Total Assets
=2361.621/12571.815
=0.19

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Ichishin Holdings Co  (TSE:4645) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Ichishin Holdings Co Equity-to-Asset Related Terms

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Ichishin Holdings Co Business Description

Traded in Other Exchanges
N/A
Address
2-3-11 Yawata, Chiba, Ichikawa, JPN
Ichishin Holdings Co Ltd is engaged in the education business. It provides curriculum, instruction, and examination materials for elementary and secondary schools. It is also involved in the provision of group tutorial, individual tutorial, and video tutorial services.

Ichishin Holdings Co Headlines

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